£21.5m raised to supercharge 5G radio performance | AccelerComm

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UK high tech business to use new funding to accelerate innovation of products that increase capacity and reduce power and OPEX of 5G satellite and terrestrial O-RAN networks

www.accelercomm.com/, May. 01, 2023 – 

Southampton, UK – 11th April 2023: AccelerComm, the company with IP which optimizes 5G radio access network performance, today announced it has closed £21.5m in Series B funding from Parkwalk, Swisscom and Hostplus together with participation from existing investors Bloc Ventures, IP Group and IQ Capital. The funding will be used to continue to expand the current team, drive US and global expansion, and develop the technology further as demand for the company's cutting-edge IP grows among mobile operators, telecoms equipment vendors and satellite operators.

AccelerComm's award-winning 5G channel coding IP is used to correct mobile transmission errors caused by noise, interference and poor signal strength. This technology is highly configurable and can be optimized for the specific needs of both terrestrial and satellite communications to provide market-leading performance and efficiency. The company's product suite includes a channel coding IP solution that delivers reduced latency and power consumption for 5G radio baseband processing, and LEOPhy – a complete layer 1 modem that incorporates this technology for low-earth orbit 5G satellite communications.

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